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Mid-market i-sales top $100M for third straight week

first_imgShare on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsInvestment SalesRetail Real Estateupper east side Email Address* Full Name* 1529 62nd Street, Brooklyn (Google Maps) It was another banner week for New York City’s mid-range investment sales: Seven deals between $10 million and $30 million combined for a total volume of $115 million.While that’s below last week’s total of $154 million, it’s still a strong showing for the third week of 2021.Manhattan had three deals, including a Tribeca retail space that sold for $3,900 per square foot. Two properties changed hands in Brooklyn, while Queens and the Bronx each notched one sale.Here are more details for the week ending Jan. 22.1. Bremen House sold two mixed-use buildings on the Upper East Side: a 38,500-square-foot property at 220 East 86th Street and a 36,000-square-foot one at 1653 First Avenue. The buildings sold for $14 million and $14.5 million, respectively. The buyers were anonymous limited partnerships. Gonca Hartmann Tekiner signed for the seller.ADVERTISEMENT2. A limited liability company, 63 Medical Properties, spent $32 million on a 4,900-square-foot industrial building at 1529 62nd Street in Bensonhurst. The seller was limited liability company MMark2018, which purchased the parcel in December 2020 for $13.2 million from LLCs affiliated with Jack Guttman and Jack Basch. In December, Abraham Woldiger filed an application for a five-story, 45,833-square-foot commercial building at the site.3. Cape Advisors sold a 3,086-square-foot, ground-floor retail space at 102 Chambers Street in Tribeca for $12 million, or nearly $3,900 per square foot. Gregory Kraut signed as the buyer for a limited liability company.4. Jerry Wang of Jia Wing Realty bought a 28,320-square-foot warehouse at 29-05 28th Avenue in Flushing for $11.3 million. The seller was coffee supply company Vassilaros & Sons.5. The Republic of Austria purchased a 13,462-square-foot commercial condo at 633 Third Avenue in Murray Hill for $10.7 million. The seller was the Partnership to End Addiction.6. Affordable housing nonprofit HP Webster Gardens Housing Development Fund purchased a 83,806-square-foot, mixed-use building at 1971 Webster Avenue in Mount Hope for $10.8 million. The building contains 69 residential units. The seller was the MacQuesten Companies.7. Marvell Scott purchased a 21,370-square-foot medical facility at 1408 Ocean Avenue in Midwood for $10 million through 1408 Partners LLC. The seller was Gennady Kiselman, also through an LLC.Contact Orion Jones Message* Share via Shortlinklast_img read more

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Palynology of the Byers Group (Late Jurassic-Early Cretaceous) of Livingston and Snow islands, Antarctic Peninsula: its biostratigraphical and palaeoenvironmental significance

first_imgThe Byers Group, exposed on Byers Peninsula, Livingston Island and Snow Island, Antarctica, is a mudstone-dominated sequence deposited in a fore-arc setting. Palynological studies on parts of the Byers Group have provided new data on Early Cretaceous biostratigraphy, palaeoenvironments and palaeoclimate. Dinoflagellate cyst assemblages date the President Beaches Formation as latest Early Berriasian-Berriasian, and a latest Berriasian-earliest Valanginian to Middle Valanginian age is suggested for the Chester Cone Formation. The boundary between the President Beaches and Chester Cone formations is dated as latest Berriasian. Dinoflagellate cyst assemblages permit correlation of the marine mudstones from Snow Island (President Head) within the Byers Group stratigraphy of Byers Peninsula. A marginal, shallow-marine palaeoenvironment is indicated by the palynological content of the Byers Group. Occasionally, there is evidence of slightly deeper marine influence within the President Beaches Formation. The Chester Cone Formation records increased terrestrial influence and possibly exhibits a non-marine signature towards the top of the sequence. Parts of the Chester Cone Formation are affected by reworking. A temperate palaeoclimate with occasional high humidity is suggested for the Byers Group. The land vegetation probably consisted of a coniferous forest with abundant podocarps and araucarians, a fern understorey and minor amounts of lycopods and bryophytes. The Byers Group palynoflora shows strongest affiliation to those from the Mesozoic of Australia and southern South America, although marked provincialism is evident within the Valanginian marine microplankton content.last_img read more

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Aung San Sun Kyi to collect honorary degree

first_imgOxford University has confirmed that Burmese pro-democracy politician and Nobel Peace Laureate Aung San Suu Kyi is to collect an honorary degree at the Encaenia ceremony on 20th June, during her first trip abroad in 24 years.Suu Kyi was invited by Prime Minister David Cameron to visit her “beloved Oxford” when he travelled to Burma in April. In the joint press conference, responding to the PM’s invitation, Suu Kyi said, “Two years ago I would have said thank you for the invitation, but sorry. Now I am able to say ‘perhaps’ and that is great progress.”A spokesperson for the University said, “The University offered Aung San Suu Kyi an honorary doctorate in civil law in 1993, an award which is yet to be conferred for obvious reasons. We look forward to doing so as soon as she is able to visit Oxford.”Suu Kyi has been unable to travel abroad until now due to being under house arrest for 15 of the past 22 years, and the fear that if she left Burma the military government would prevent her from returning. She even stayed in Burma when her husband Michael Aris, who died in 1999, was terminally ill with cancer.A spokesperson for Number 10 Downing Street, told Cherwell that the visit is “testament to the progress being made in Burma, and the efforts of President Sein.” They confirmed that Suu Kyi will visit from 18th June for a week and will address both Houses of Parliament.She will also collect her Nobel Peace Prize in Oslo on 16th June, which was received by her family on her behalf in 1991.Oxford’s Vice-Chancellor Professor Andrew Hamilton said, ‘We are delighted that Daw Suu is finally able to return to the University and are looking forward greatly to what will be a very special occasion.’Andrew Dilnot, Principal of St Hugh’s, where Suu Kyi studied PPE from 1964 to 1967 and is now an honorary fellow, told Cherwell, “We at St Hugh’s are delighted that the University expects to confer an honorary doctorate in civil law on Aung San Suu Kyi during her visit to the UK in June, and very excited by the prospect of welcoming her.”Nora Godkin and Ebba Lekvall, co-Presidents of Oxford Burma Alliance, said, ‘It is our hope that [the visit of Daw Suu] will serve to make Oxford students, and the British general public, more interested in Burma issues.’last_img read more

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Indiana House Democrats Elect New Leader

first_imgFacebookTwitterCopy LinkEmailShare By Adrianna PitrelliTheStatehouseFile.comINDIANAPOLIS — A new voice with a southern drawl will lead the House Democrats in the 2018 legislative session.“I’m speechless and [the caucus] laughed at me and said, ‘You’ve never been speechless,’” said Rep. Terry Goodin after being elected as the new leader of Democrats in the Indiana House of Representatives.Rep. Terry Goodin, D-Austin, is the new House minority leader. Goodin will fill the position after Rep. Scott Pelath, D-Michigan City, stepped down earlier in the month. Photo by Lesley Weidenbener, The Statehouse FileThe 30-member caucus elected the Austin Democrat Monday to fill the position of House minority leader, which was formerly held by Scott Pelath, who announced earlier in the month he would step down from leadership. Pelath, of Michigan City, said the decision was made partly so he and his family could spend more time together.“Immediately after the past election, I confided to many of you that I was not going to do this forever,” Pelath said in a letter to the caucus. “And after several months of repressed doubts, soul-searching, and discussions with my family that time has come – as it does for most of us.”Pelath and his wife recently had a baby.As leader of the House Democrats, Goodin said he will focus on bettering lives of the constituents by listening to their concerns.“We’re going to be very focused as we move forward because the constituents that we represent have been very clear with us, ‘Here’s what we’d like the state of Indiana to become to make our lives easier and more importantly allow our children to have better lives than what we have,’” Goodin said.As the legislative session draws near, Goodin said the House Democrats will work through their top priorities. One of those priorities is expected to be gerrymandering as Goodin has echoed the message that voters should be able to choose their lawmakers, rather than lawmakers choosing the voters.“That’s got to be the message that goes across the state,” Goodin said. “It is a real issue, not just in Indiana, but nationwide.”A 2014 study by the Social Science Research Network said Indiana’s House districts are some of the most gerrymandered in the country. The districts are redrawn every 10 years by whichever party holds the majority, allowing them to draw the lines in a way that reduces competitive elections and often guarantees incumbents victory.The Republicans control the House of Representatives 70-30, but Goodin said he is ready to work across the aisle.“We will be able to reach across the aisle, shake hands and disagree when we disagree and when we agree, we will move forward,” he said.Goodin is more socially conservative compared to most of his Democratic colleagues.He voted to ban same-sex marriage in 2011, and when the issue came up again in 2014, he was excused and didn’t vote on the bill. He also recently encouraged drug testing for people receiving welfare and coauthored a law that allows victims of domestic violence to carry a gun without a permit, which most Democrats didn’t support.Goodin, 50, has represented portions of the southeastern part of the state since 2000. He is also superintendent of Crothersville Community Schools and raises cattle on his family farm. Goodin will continue to serve at superintendent of the school system, which has fewer than 1,000 students.Meanwhile, Goodin said he is looking forward to the upcoming session and helping Hoosiers.“This could be a very eventful session and I hope it is because the more events that happen, the better off the people of Indiana are going to be,” Goodin said.FOOTNOTE: Adrianna Pitrelli is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students. November 27, 2017last_img read more

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Watch ESPN Feature on Special Olympics Triathlon Team

first_imgLisa Rumer, a local triathlete, Ocean City High School graduate and program supervisor at the Ocean City Aquatics and Fitness Center was featured in an “Up Close and Personal” segment that aired on ESPN Monday night.Rumer is the coach of the USA triathlon team for the Special Olympics World Games in Los Angeles, and one of her athletes, Noah Dellas of Cape May Court House, won a gold medal in the first-time event.The video segment features Rumer, Dellas, Courtney Dreyfus, 18, of Scotch Plains, Union County; Ben Heitmeyer, 25, of Iselin, Middlesex County; and Amy Noctor, 27, of Washington Township, Warren County. The team often trained in Ocean City, where parts of the video were filmed.Watch the video above.Read more:Local Triathlete Wins Gold at Special Olympics World GamesLisa Rumer to Bring Local Triathletes to World Stage.last_img read more

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Mayor Touts Ocean City Improvements From “Beach to Bay”

first_imgBy DONALD WITTKOWSKIOcean City will continue with its strategy of improving the beaches, bayfront and Boardwalk to strengthen its reputation as a popular family-friendly vacation resort, Mayor Jay Gillian said Thursday night in his annual State of the City address.In his remarks, Gillian repeatedly focused on infrastructure projects and quality-of-life issues that are critical for making the city attractive to residents and tourists as well as promoting its image as “America’s Greatest Family Resort.”“The city is making major improvements to every part of Ocean City – from beach to bay – tip to tip. At the same time, we continue to deliver responsible budgets year after year,” he told members of City Council.He also unveiled his proposed 2020 municipal budget, a nearly $83 million spending plan that would increase local taxes by a half-cent. Under the budget, the owner of a $500,000 home would pay an extra $25 annually in local taxes, the city’s Chief Financial Officer Frank Donato said.Gillian touted the city’s financial strength, noting that the budget includes a record $8 million surplus. In another measure of the city’s sound financial footing, the combined value of its real estate – the ratable base – increased by more than $100 million for the sixth year in a row, he said.“We are the fourth most valuable city in all of New Jersey,” Gillian said of the tax base.The city maintains an “exceptional” AA bond rating, which allows it to borrow money at lower interest rates, he pointed out.“Our bond rating and low interest rates helped the city absorb an $85 million bond sale for capital improvements while keeping a proposed 2020 tax increase at a half-penny,” Gillian said.Upgrades to the Boardwalk will continue to be part of the city’s capital improvements.Throughout his 10 years as mayor, Gillian has concentrated on upgrading the city’s roads, drainage systems, beaches, Boardwalk and bayfront.The completion of three major neighborhood drainage projects, including 10 stormwater pumping stations, has improved the quality of life for residents in flood-prone areas, he said.“Ocean City is taking a lead in finding solutions related to coastal flooding on barrier islands,” he said. “The elevation of homes and infrastructure, installation of pumping stations, replacement of bulkheads and barriers, creation of living shorelines, purchase of open space and various other ideas are all part of our overall flood protection strategy.”Looking ahead, Gillian said the city will proceed this year with an ambitious road improvement program, beach replenishment work, upgrades to the Boardwalk and a series of dredging projects to clear out the sediment-clogged lagoons along the back bays.The U.S. Army Corps of Engineers recently completed a project to rebuild beaches and dunes at the south end of Ocean City. It will return in the spring to pump an estimated 1.4 million cubic yards of new sand onto the north end beaches in time for the summer season, the mayor said.On the Boardwalk, the city plans to extend the decking at the street ends of Ninth Street, 10th Street and 11th Street for restrooms. Plans also call for the city to add accessible ramps over the dunes at Waverly Beach and onto the Boardwalk at St Charles Place.“I’m looking forward to another productive year in Ocean City,” Gillian said in closing remarks. “I want to thank City Council for their continued cooperation, hard work and dedication in tackling an aggressive agenda on behalf of all citizens, guests and taxpayers.”“As mayor, I will make sure our city is clean, safe and family-friendly, and will commit the resources to make that happen,” he continued.An architectural rendering shows the proposed housing project slated for one of the properties the city is looking to buy to protect it from development.In other business Thursday night, Council approved three bond ordinances totaling $11.9 million to purchase three pieces of property that would be combined into one large swath of public open space.“This is a rare chance to protect an entire city block from residential development. Whenever similar opportunities arise, we will pursue them,” Gillian said.The land is bordered by 16th and 17th streets between Simpson and Haven avenues and includes the former Perry-Egan Chevrolet dealership lot. A large chunk of the property is proposed for a 22-lot housing development by brothers Jerry and Harry Klause, owners of Klause Enterprises.Gillian and Council want to buy the land to protect it from densely packed housing construction that would add to the town’s overdevelopment. They envision it becoming a major part of a large corridor of open space stretching from 15th to 20th streets.“God isn’t making any more land on the island,” Councilman Michael DeVlieger said, echoing the comments of other members of the governing body about the importance of acquiring the property.Negotiations have begun between the city and property owners. However, the city is leaving open the possibility of using its condemnation powers to seize the land if negotiations fail. If that happens, the dispute would end up in the courts and a judge would decide the price for the land, City Solicitor Dorothy McCrosson said.McCrosson told Council that the property owners have not yet accepted the city’s buyout offer.The three bond ordinances will put the money in place to buy the property, even if a court battle ensues over the final price.“Time will tell if we end up going to court,” Councilman Keith Hartzell said.City Council approves three bond ordinances totaling $11.9 million to buy a block of land. Mayor Jay Gillian, shown at a City Council meeting in February, emphasizes that the city is committed to reducing the flooding problems.last_img read more

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In Short

first_imgDon’t forget to send in your entries for The In-Store Bakery Award for the chance to shine at this year’s Baking Industry Awards. The deadline is 1 June, so don’t delay, get your forms in now. To download entry forms visit bakeryawards.co.uk or contact Helen Law on 01293 846587 or email [email protected]== Wholegrain for BB’s ==BB’s Coffee and Muffins has been working with suppliers to develop a range of four whole-grain muffins, now working their way into stores, retail and brands director, Michelle Young told British Baker. It has also been working on a range of traybakes.== Flapjack first ==Simply Northumbrian – a new handmade flapjack company set up by former chef Mark Peacock – will exhibit at the Speciality Food Show in Harrogate for the first time. It is seeking to target foodservice operators with flapjacks in flavours such as date and walnut, and cherry and almond.== Greggs’ response ==In response to an article in 8 May issue of BB – ’Craft baker embraces new technology to boost sales’ – Greggs has responded to comments about its Regent Street outlet selling sausage rolls outside Winnie’s Bakery. “Any promotional activity was part of a broader Greggs initiative and was not specific to that shop.”== ISB deadline nears ==== Rondo brand ==Rondo Doge has asked us to point out that the two words of its existing brand ROndo aNd DOge will merge (rather than dropping ’Doge’, BB 8 May). This is to create a strong new ’Rondo’ brand which will stand for “maximum performance in sheeting and shaping dough from artisanal bakeries all the way to industrial production”.last_img read more

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FDF to run job workshop tour

first_imgThe Food & Drink Federation (FDF) is to hold a series of job workshops as part of its pledge to double the number of apprenticeships to 3,400 by the end of 2012.During 2012, FDF will be working with its key partners – the National Apprenticeship Service and the National Skills Academy for food and drink – to run events across the UK, including the West Midlands, the North West and Yorkshire.Its first event will be held at the William Reed-organised Food and Drink Expo at the NEC Birmingham on the afternoon of Monday 26 March.Speakers will be on hand from the National Apprenticeship Service and the National Skills Academy for food and drink, who will give food manufacturers advice on how to get the most from apprenticeships.  Representatives from food manufacturers will be sharing their experiences, as well as apprentices themselves, who will give the lowdown on their new careers.Angela Coleshill, FDF’s director of competitiveness, said: “There is certainly an appetite for investment in skills, which is why FDF members are taking collective action to help us build a pool of talented apprentices that can be developed and deployed across the industry – building skills for the future.“There is still work to be done to communicate to young people the wide variety of exciting roles on offer in the food industry, many of which are highlighted through some inspiring case studies on our website.”A spokesperson from the National Apprenticeship Service added: “The National Apprenticeship Service is pleased to be working with FDF and its members to create high-quality apprenticeships within the food manufacturing industry. Apprenticeships are a proven way to develop well-trained staff, who are motivated, loyal and will grow with the business.”Justine Fosh, director at the National Skills Academy for Food & Drink welcomed the initiative because, “In the past apprenticeships have been seen as mainly relevant to engineering roles, but this is simply not the case now.”She added: “As specialists in food industry training, and as part of Improve – the organisation that designs apprenticeships for our industry – we can assist any food business interested in apprenticeship activity. We are offering all FDF members, as part of the pledge, a personal visit and free one-to-one advice sessions to help them get started or expand their apprenticeship activity.”last_img read more

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2019 Asbury Park Music And Film Festival Performers Include Yo La Tengo, JAZZ IS PHISH, More

first_imgThe 2019 edition of the Asbury Park Music & Film Festival will take place in various venues and movie theaters throughout the oceanside New Jersey town next month on April 25th-28th. Festival organizers are still in the process of announcing which music artists will perform and where, but have already revealed that artists including Cat Power, Jazz Is Phish, Yo La Tengo, and more will take part in the annual weekend event at the Jersey Shore.Yo La Tengo will perform with The Feelies‘ offshoot band Yung Wu on April 26th at The Stone Pony. The performance will feature Feelies percussionist Dave Weckerman singing with the rest of the band backing him. Hot Water Music will also perform at House of Independents on April 27th and 28th as part of their 25th-anniversary tour. They’ll be joined at both performances in support by Iron Chic and Crime in Stereo. Additionally, Bobby Bandiera will be joined by Bliss at Wonder Bar on April 26th, where Waiting On Mongo will also perform on April 27th, followed by JAZZ IS PHISH who will play the same venue the following evening on April 28th.Related: Bruce Springsteen Shares Full ‘No Nukes ’79’ Madison Square Garden Performances To Live ArchiveThe film portion of the weekend will include screenings of documentaries including Echo in the Canyon at The Paramount Theatre on April 25th, featuring a post-screening Q&A with Jakob Dylan, Cat Power, and Jade from Edward Sharpe & The Magnetic Zeros. Clarance Clemons: Who Do You Think I Am? about the late E Street Band saxophonist will also screen at The Paramount on April 27th; in addition to a screening of David Cosby: Remember My Name at The Paramount on April 27th, with the latter featuring a post-film Q&A with David Crosby and producer Cameron Crowe.One of the notable screenings that weekend will be Asbury Park: Riot, Redemption, Rock ‘n’ Roll, which screened at the Festival in 2017 but will now feature more interview footage with Asbury Park hero Bruce Springsteen and Max Weinberg. Riot, Redemption, Rock ‘n’ Roll will screen at The Paramount Theatre on April 28th.Tickets for the Yo La Tengo/Yung Wu show go on sale this Friday, March 15th at 10 a.m. here. Tickets to Hot Water Music can be purchased here, while tickets to all other musical performances and film screenings can be purchased via the event website.[H/T Brooklyn Vegan]last_img read more